Bored Ape Yacht Club reached $1 Billion in Total Traded Volume on OpenSea

The Bored Ape Yacht Club (BAYC) collection on the OpenSea marketplace has reached 1 billion USD in sales.

The Bored Ape Yacht Club is a collection of 10000 unique Bored Ape NFTs— unique digital collectibles living on the Ethereum blockchain.

BAYC is one of the most popular non-fungible tokens in existence, with more than 150k transactions to date!

The Bored Ape Yacht Club was founded by four friends who wanted to see if they could "make some cool apes, test our skills and see what we can build," according to their website.

The collection has attracted around 11,000 different owners and the price of an ape on average is 84 ether (approximately $344,000).

'Bored Ape 9055' is a great example of a past successful trading ape. Recently rapper Eminem bought it for over $460k.

Other celebrities have also gotten in on the action, such as NBA superstar Stephen curry for a cool $180k

But the trend isn't just for individuals. BAYC has secured partnerships with brands like Adidas, so it's popularity is rising.In September, Adidas acquired one for around $156,000.

There are over ten thousand copies of Bored Apes available to those who want them, and about 6000 holders

It's been the most popular on OpenSea  now. It appears that BAYC has finally overtaken CryptoPunk in terms of trading volume.

Disclaimer: Cryptogurukul has no relationship to these projects, and there is no endorsement or investment advise. Please seek professional advice before taking financial risks.